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SpaceX Falcon Heavy rocket to launch NASA’s Roman Space Telescope
NASA has chosen SpaceX’s Falcon Heavy rocket to launch its next major space telescope, a wide-field observatory that should directly complement the brand new James Webb Space Telescope.
Originally known as the Wide Field InfraRed Survey Telescope (WFIRST), NASA recently renamed the mission in honor of Nancy Grace Roman, a foundational force behind the Hubble Space Telescope. Fittingly, the Roman Space Telescope’s basic design is reminiscent of Hubble in many ways, owing to the fact that the mission exists solely because the US National Reconnaissance Office (NRO) chose to donate an unused multi-billion-dollar spy satellite – a satellite that was effectively a secret Earth-facing version of Hubble.
However, thanks to decades of improvements in electronics, electromechanics, and the instrumentation side of spacecraft and space telescopes, RST will be dramatically more capable than the Hubble telescope it resembles. And now, after a several-year fight for survival, the Roman Space Telescope officially has a ride to space – SpaceX’s Falcon Heavy rocket.
Falcon Heavy continues to be a bit of a paradox, winning contract after contract for increasingly high-value flagship launches despite having not launched once in more than three years. It’s a bit of a self-fulfilling prophecy, at this point, as the major missions that are increasingly being entrusted to Falcon Heavy are far more likely to run into significant spacecraft-side delays. At one point in late 2021, for example, SpaceX had five Falcon Heavy launches tentatively planned in 2022 – all but one of which had already been delayed several months to a year or more. Seven months into 2022, not one of those missions has launched and it’s looking increasingly likely that Falcon Heavy will be lucky to fly at all this year.
Nonetheless, the Roman Space Telescope joins an impressive manifest that includes the multi-billion-dollar GOES-U weather satellite, NASA’s ~$5 billion Europa Clipper, two modules (HALO and PPE) of a Moon-orbiting space station, NASA’s Psyche asteroid explorer, a large Astrobotic Griffin lander carrying NASA’s VIPER Moon rover, two large geostationary communications satellites, and three missions for the US military. RST is the rocket’s 11th launch contract between now and the mid-2020s.
Despite having a similar resolving power, RST’s primary wide-field instrument will have a field of view 100 times greater than Hubble, meaning that the new telescope will be able to gather magnitudes more data in a similar time. Its primary goals include measuring “light from a billion galaxies over the course of the mission lifetime” and performing “a microlensing survey of the inner Milky Way to find ~2,600 exoplanets.” A second coronagraph instrument will “perform high-contrast imaging and spectroscopy of dozens of individual nearby exoplanets.” According to the Jet Propulsion Laboratory, “the Coronagraph provides a crucial stepping stone in the preparation of future missions aiming to [directly] image and characterize Earth-like planets [that are] 10 billion times fainter than their host star.”
According to NASA, “the telescope’s science program also includes dedicated investigations to tackle outstanding questions [about the nature and] effects of dark energy and dark matter, as well as a substantial general investigator program to enable further studies of astrophysical phenomena to advance other science goals.”
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Because RST is also focused on infrared wavelengths of light, it could be an excellent companion to the James Webb Space Telescope (JWST). Whereas RST is a wide-field survey observatory that aims to observe and catalog billions of galaxies, stars, and planets, JWST’s far larger mirror is optimized for up-close observation of individual targets or deep gazes into tiny swaths of sky. RST could ultimately work a bit like an MRI or CAT scan to JWST’s biopsy, telling the surgeon where to look but only hinting at what it might find.
According to NASA, the ~$4.3 billion space telescope’s Falcon Heavy launch contract will cost an exceptionally steep $255 million to send the spacecraft to the Sun-Earth L2 Lagrange point about 800,000 kilometers (~500,000 mi) from Earth. NASA’s contract to launch the even more expensive Europa Clipper spacecraft all the way to Jupiter with a fully-expendable Falcon Heavy rocket is expected to cost less than $180 million.
NASA’s press release also claims that RST will be ready to launch as early as October 2026. A different press release from September 2021 did not mention the 2026 target and only noted that RST’s launch is scheduled no later than May 2027.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
